# XTF Manager & Investor Rewards (Sep)

&#x20;

### **Each Rewards'&#x20;*****accrual cycle*****&#x20;for Portfolio Managers (PMs)**                                          &#x20;

**START**: 1st of the month (M) @ 00:00 UTC\
END: Last day of the  month (M) @ 23:59 UTC

### &#x20;Rewards' *streaming cycle* for PMs   &#x20;

START: 1st of the following month (M+1) @ 00:00 UTC\
**END**: 90 days after the start date

Users can choose to claim the rewards **daily** or wait until the end of M+4 to fully claim the rewards.&#x20;

For the latest daily accruals please refer to the following snapshot

&#x20;📆**Starting 1 Oct  2021 the rewards for Fund Managers and Investors will be removed and entirely allocated to Liquidity providers**

## &#x20;

{% file src="/files/-MkszMKid\_1X946fQgaK" %}
Fund Manager rewards Sep 21
{% endfile %}

{% file src="/files/-MkszFxYngnTs0jnyzYy" %}


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